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20090827
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to montana. this was just before they spelled out how they would have cost savings. megyn: what do you realistically predict for these seniors, as a result of these potential cuts? he says he is reducing inefficiencies, so what would happen? >> the program would simply go away. no insurance company making 20% profit on this program would continue this. this program would go away and seniors would no longer have -- i suspect every medicare advantage holder would lose their plan overnight. megyn: how do we know what to believe? you are telling us this, and president obama has said repeatedly that he will not cut benefits, that his plan will strengthen medicare and reduce abuse. as well, they are going to put $240 billion more into medicare to ensure physician payment are not cut. who can we believe? >> people just need to apply logic. if you cut a program by 20%, it boggles the imagination that the program can still exist -- that assumes that profit margins from insurance companies are 20%. you would have to be in microsoft or google to have that kind of profit margins. just think about
are determined in law by congress. host: does a general practitioner in montana get paid the same as one in new york city? guest: no, because part of the formula is supposed to account for the cost of maintaining a medical practice. about half of the physician fee is not based on what they take time, but what it costs to run their office or practice. rents in new york city are substantially higher than in montana. those differences are built into the formula. host: is that where the national coverage determination comes into play? guest: no, that coverage speaks specifically to what medical procedures for tests medicare will pay for. technology is changing. medical practice is changing. medicare like every other insurer must decide if and when it will pay for some new treatment or approach. historic late, in medicare most of those decisions were made initially at the local level by the carriers, the private companies who under contract to the government manage the program. each had a medical director and they in turn had advisory committees. when something you came along they would decide wheth
. thank you very much. jane: white tail montana, population 71. about three people crossed the border to canada here every day. so why did they just get $15 million in stimulus money, your tax dollars? politics at play? and it is only a test, but an important one. the first test of a rocket lying there on its side jane: when president obama announced that stimulus package, he said he was basically banning politicians from using earmarked to pay for pet projects. senator $20 million -- $700 million were spent on border crossings. the associated press has discovered that low purdy checkpoints were chosen even though they work on bottom of the list. white tail, montana, will get $50 million to build a new border station. the town has a population of 71 and about three travelers a day cross the border here. so why the new station? janet napolitano was pressure to dump this project up. they say that senator tester boasted about this project, using his influence. 4200 trucks a day, rated among the highest priority, yes this was passed over for stimulus money. how did this happen? >> they we
or not. they can keep throwing money at that. >> may money is on hannah montana and dora. dor get t. >> thank you. >> a california story that is still developing.  shares of the company in the dvd showdown. tivo and verizon communications all lower. this in case you were wondering is "power lunch" first in business worldwide? some people buy a car based on the deal they get. others by the car of their dreams. during the lexus golden opportunity sales event, you can do both. special lease offers now available on the 2009 es 350. special lease offers now available ♪ yes, you're lovely... ♪ what do you think? hey, why don't we use our points from chase sapphire and take a break? we can't. sure, we can. the points don't expire... ♪ there is nothing for me... ♪ there's no travel restrictions... we could leave tomorrow. we can't use them for a vacation. you can use the points for just about anything. i know... ♪ the way you look tonight ♪ chase what matters. get your new chase sapphire card at chase.com/sapphire. so now we've turned her toffee into a business. my goal was to
is the major players. very close to the hospitals. senator bacus, very close to the hospitals in montana. cuts in nursing homes and health agencies. on a proportionately basis. i don't want you to get into debate here, for the point of seniors, benefits are not changing. paying nursing home less for their posthospital stay, ising that go to affect your care? they're trying to slow the growth rate saying, if we are going to cover 47 million people the money has got to come from some place. ising that going to affect benefits -- is that going to affect benefits? it could. host: what's a d.r.g. guest: diagnosis related group. host: what is it and how is it part of medicare part a? comboip there was reform in the early 1980's. if you were a hospital you sent in your costs for everything, the nurses, the laundry list, medicare paid your cost. it led to rampant inflation. congress said we're going to figure out what the cost of a heart bypass operation is, everything, and we are going to tell the hospital in philadelphia that your total costs are $50,000 on average. call us later. so the average hos
. senator bacus, very close t the hospitals in montana. cuts in nursing homes and health agencies. on a proportionately basis. i don't want you to get into debate here, for the point of seniors, benefits are not changing. paying nursing home less for their posthospital stay, ising that go to affect your care? they're trying to slow the growth rate saying, if we are going to cover 47 million people the money has got to come from some place. ising that going to affect benefits -- is that going to affect benefits? it could. host: what's a d.r.g. guest: diagnosis related group. host: what is it and how is it part of medicare part a? comboip there was reform in the early 1980's. if you were a hospital you sent in your costs for everything, the nurses, the laundry list, medicare paid your cost. it led to rampant inflation. congress said we're going to figure out what the cost of a heart bypass operation is, everything, and we are going to tell the hospital in philadelphia that your total costs are $50,000 on average. call us later. so the average hospital stay is 10 days, you make it wo
profiles, billings, montana, 11% of the workforce have a monster.com job profile. contrast that with boston, where 29.7%, not only is it a much larger area, from a number standpoint, the percentage is overt three times, times that of a rural area. you have to ask yourself why. from a quick job search standpoint, there are also jobs in those rural areas. i put a map on a wall, we wanted to say test ourselves, where do we go, we came up with kentucky. it is a little to the east but it is definitely a rural are if you go to the next slide, when you do a job search, you are going to find four or 500 jobs, many of them in pikesville. what you see year is you don't have the choices or the saturation of jobs in that ariane and you have to say why is that? do employers even have access to do this on line? what i find interesting is that you will find in these aas companies that have large locations in metropolitan areas, reuiting in more rural areas, the same way they are recruiting in metropolitan areas. i am recruiting out of d.c. a centralized operationq center, putting a job on a job board or m
ladies, one from montana, one from michigan. >> let's figure them out first. mary fitzgerald is the first woman you guys selected. she's from deborn, michigan. she is 61 years old. she's a single mom, she has two daughters and twograndds. he has had two triple bypass surgeries and three het attacks. she takes ication caused her to lose a lot of her hair. she wears a wig and she's here with her daughter. let's taka listen to her story. >> i know you really want your mother to have this. >> yes, i do. my mother's been sick for a very long time and all the medines that she takes has made her hair very thin. she hasn't found a silist that can cut and color her hair sot doesn't look thin. she recently bought a wig and i want her to be able to take it off. >> i know you are apprehensive about taking off the wig. are you okay to do this? o, oh, yeah, no problem at all. surprise! >> i promise you, we willtake great care of you. no more wig, we are going to make you look beautiful. are you ready to go? >> yeah, thank you. >> wow, that was brave. were excited to see her. she's threi w her daughter
Search Results 0 to 7 of about 8